HUD Eyes More Incentives For Servicers

18 Mar 2010

The Department of Housing and Urban Development is planning on offering new incentives to the 117 banks that constitute top-tier mortgage servicers.

The Department of Housing and Urban Development is planning on offering new incentives to the 117 banks that constitute top-tier mortgage servicers. HUD already offers $100 to all servicers who complete loan modifications, but top-tier servicers—those with workout rations of 80% or more—can receive an additional $100 for ...

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